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*SPOT METALS PRICES
JOC Staff |
Aluminum ingots_ $1,200-$1,300 per ton lots & in wareho
COMMODITY BRIEFS
Wire and Staff Reports |
US MULLS INCREASING FOOD AID TO EX-USSRSecretary of State James Baker Monday said the Bush a
RUSSIA CLOSER TO RELEASE OF FOOD CREDIT FROM EUROPE
Knight-Ridder Financial |
The European Community and Russia have completed all outstanding issues for the release of a $620 mi
RUSSIAN IMMIGRANT TO FLY US FLAG OVER SAKHALIN FISH PLANT
John Davies |
Come revolution or high water, Alex Lyudmirski says, he intends to raise the U.S. flag this month ov
JAMES M. NEVLER'S CRB FUTURES OUTLOOK
James M. Nevler |
Now is the winter of the voters' discontent, yet the stock market is discounting a glorious summer e
US BEEF EXPORTERS BOOST ACTIVITY IN SOUTH KOREA
Knight-Ridder Financial |
U.S. beef exporters have started making inroads into South Korea's growing imported-beef market to e
JOURNAL OF COMMERCE - FAST FACTS US SHIPMENTS OF BASIC CHEMICALS
JOC Staff |
No text.
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by: US Department of CommerceU.S. and Foreign Commercial Service
Maritime
CSX TRANSPORTATION DROPS LABOR LAWSUIT
Lawrence H Kaufman |
CSX Transportation Inc. said Monday it will drop a lawsuit filed last year against ninerail unions o
JAPAN POSTS RISE IN TRADE SURPLUS
Knight-Ridder Financial |
Japan had a $2.64 billion trade surplus on a customs cleared basis in the first 10 days of February,
EUROPE-ASIA LINES GEAR UP FOR TALKS ON RATE STABILIZATION AS EROSION PERSISTS
Janet Porter |
A further erosion of freight rates between Europe and Asia is adding urgency to talks among shipping
Maritime
OECD SEES STRENGTH IN CAPITAL MARKETS IN THE NEAR TERM
Knight-Ridder Financial |
Activity in international capital markets is likely to be strong in coming months, following record
Maritime
UKRAINE SIGNS IRAN BARTER DEAL, REPORT SAYS
Knight-Ridder Financial |
Ukraine over the weekend moved to protect itself from a looming economic war with Russia by signing
LATIN PRODUCE INTERESTS BEMOAN TRANSPORT PLIGHT
Craig Dunlap |
As have the steamship lines, independent Central American produce growers are beginning to feel the
Maritime
LLOYD'S CHAIRMAN AGREES TO PROBE OF INSIDERS
William Pitt |
The chairman of Lloyd's of London, David Coleridge, has bowed to politicalpressure, saying h
MAJOR GAINS AND DECLINES IN CARLOADINGS
JOC Staff |
Three Weeks Ended Feb. 15, 1992, vs. Similar 1991 Period Cars CarsLoaded Loaded
MERGER TALKS BETWEEN KLM, BRITISH AIRLINES AT CRUCIAL STAGE
(Reuter) |
Merger talks by KLM Royal Dutch Airlines NV and British Airways PLC to create the world's fourth-lar
US CHAMBER PRESENTS BUSH WITH 7-POINT GROWTH PLAN
Journal of Commerce Staff |
The U.S. Chamber of Commerce presented President Bush with a seven-point program to help America "co
BAKER DEFENDS MOVE TO END US SANCTIONS AGAINST CHINA
Wire Reports |
Secretary of State James Baker Monday defended the decision to lift U.S. sanctions against China, sa
SINGAPORE SHIPYARD WINS CONTRACT TO REPAIR TWO FIREFIGHTING VESSELS
Mark Magnier |
The ship repair division of Singapore-based Sembawang Maritime Ltd. said it won a US$800,000 (S$1.3
Maritime
COST OF CREDIT
JOC Staff |
Mon., Feb. 24, 1992 (Percentages Per Year)INTERNATIONAL INTEREST RATESCanada U
ROSALIND MCLYMONT'S TRADE TALK
Rosalind McLymont |
YEARS AGO, BRITISH navy documents would arrive at their destination bound with red tape. Tha
Maritime
STRIKE ACTIONS CONTINUE TO HIT GERMAN BANKS
Knight-Ridder Financial |
An estimated 600 to 700 employees at the computer center at Commerzbank's headquarters in Frankfurt
JAPAN TO OFFER CUT OF 50 PERCENT IN COPPER DUTY
Knight-Ridder Financial |
Japan's Ministry of International Trade and Industry will offer to reduce duties on copper imports b
TAIWAN, POLAND TOPPED CHART OF COPYRIGHT VIOLATORS IN '91
John Maggs |
Taiwan, Poland and the Philippines are allowing large-scale theft of U.S. copyrights, according to a
TRADE HOUSE SAYS DUNKEL PLAN WOULD BOOST EC GRAIN IMPORTS
Knight-Ridder Financial |
A recent Uruguay Round draft agreement proposal would cause European Community grain imports to clim
PHILIPPINES ACTS TO REVIVE STRUGGLING RAIL NETWORK
P.T. Bangsberg |
The first six Japanese-built locomotives arrived in the Philippines last week to signal a new determ
UNITED WARNS OF VAST LAYOFFS UNLESS FINANCIAL RESULTS IMPROVE
JOC Staff |
The chairman of United Airlines, the nation's second-biggest carrier, is warning of large-scale layo
DOLLAR GAINS AGAINST YEN AS TRADERS AWAIT REPORTS
Knight-Ridder Financial |
The U.S. dollar was trading higher against the yen and slightly lower against the deutsche mark earl
PEOPLE - MARITIME
From Wire and Staff Reports |
Peter L. Renehan joined this shipping agency as general manager of sales. He was regional ma
Maritime
TAXES, LIKE FREE MARKET, BEWILDER RUSSIANS
Duncan Robinson |
Russia's attempt to move away from central planning and open its economy to market forces has prompt
Maritime
ASIA SEES OPPORTUNITIES IN LATIN AMERICAN TRADE
P.T. Bangsberg |
A delegation of Hong Kong businessmen arrives in Mexico this week in search of opportunities, lured
Maritime
ADVERSITY MAY PUSH ASEAN TO ACCELERATE FREE-TRADE AREA
Mark Magnier |
Greater use of U.S. trade laws that allow retaliation against perceived unfair trading practices, de
Maritime
CONN. AGENCY TO DISCUSS INTERSTATE MERGER PLAN
TOM McNIFF Jr. |
The Connecticut Insurance Division will hold a hearing March 7 to begin the complex process by which
LOUISIANA TAKES CONTROL OF ALLIANCE
Journal of Commerce Special |
Jim Brown, Louisiana's insurance commissioner, placed Alliance Casualty and Reinsurance Co. of New O
PIECEMEAL APPROCH SEEN FOR HEALTH CARE REFORM
Paul Dykewicz |
A piecemeal congressional approach to health care reform is likely to limit the number of changes th
MARITIME BRIEFS
From Wire and Staff Reports |
P&O BULK CARRIER SETS US COAL LOADING RECORDA British bulk carrier set a U.S. coal l
Maritime
SEN. HELMS' PHONE CALL SAVED CHARLOTTE-FRANFURT AIR LINK
John Day |
A telephone call last week from Sen. Jesse Helms, R-N.C., to a top U.S. State Department official ke
BALTIC FREIGHT INDEX
JOC Staff |
1236 (Feb. 24, 1992) Previous day - 1247 The Baltic International Freight Futures Market in
Maritime
GASOLINE HITS 24 CENTS A GALLON, DRIVING VENEZUELANS TO GRIPE
David L. Marcus |
Every morning, Victor Fernandez lovingly washes his black '83 Ford Conquistador and tops off the tan
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